Category archives: Products

Daily DCE Review 8/6/21

Iron ore futures dipped slightly after a volatile trading session, amid softening steel prices and narrowing margins. The futures of Dalian Commodity Exchange (DCE) for September delivery then inched down slightly by 0.73% on-day or down RMB 8.50 to RMB 1,149/mt on Tuesday. The steel rebar contract on the Shanghai Futures Exchange also dropped by …

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Daily Capesize Review 7/6/21

Capesize freight rates continued to soften from the sluggish physical market due to poor shipping fundamentals. The Capesize 5 time charter average, then dropped by $475 day-on-day to $20,458 on Monday, after a lacklustre trading session. The Baltic Dry Index (BDI) also fell further by 0.41% or 10 points on-day to 2,428 readings, due to …

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FIS Fuel Oil Morning Report 08/06/21

At 11.05am Singapore time (0305 GMT), the ICE Brent August contract was down 66 cents/b (0.92%) from the previous settle at $70.83/b, while the July NYMEX light sweet crude contract was down 63 cents/b (0.91%) at $68.60/b.   Crude rally came to an abrupt halt after reaching fresh two-year highs yesterday as investigations over the …

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FIS Morning Report Tanker FFA 08-06-21

News Headlines: OIL DAYBOOK EUROPE: Busy Traffic Activity; BP Sees Strong Demand (Bloomberg) Traffic in 15 European cities was as busy as in 2019 for the first time since the pandemic began, according to data from TomTom NV. BP Expects Strength in Global Oil Demand to Last, CEO Says   TANKER WEEKLY WRAP: Iraq, Saudi, …

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